100 dormant BTC from 2010 worth $6.9 million moved after 16 years

Two Bitcoin addresses that had remained inactive since 2010 transferred a total of 100 BTC, valued at approximately $6.9 million, on Friday. The transfers returned two early mining rewards to circulation after more than sixteen years of dormancy, drawing attention within the crypto community. Whale Alert, a prominent blockchain tracking service, detected the first movement at 4:08 a.m. UTC on November 13. This initial transfer involved 50 BTC, worth about $3.44 million, sent from an address that had not been active since September 2010. Just over two minutes later, a second transaction occurred from a different wallet with a similar inactivity period, moving an additional 50 BTC. Both wallets originated from mining activity, having received their rewards on September 8 and September 19, 2010, respectively.

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